High volume of kidney disorders combined with high dosage of the drug in the elderly populace to control their cholesterol levels can bode well for the market. Approval of mass production of drugs from federal agencies can drive the atorvastatin API market growth. Recently, the U.S. FDA granted license to Morepen Laboratories for the production of atorvastatin calcium for export to the U.S. Strict regulation outlined by federal agencies as well as compliance for switching to green methods of production can bode well for the market. But adverse effects of the drug can hamper the market growth.also read @ http://www.marketwatch.com/story/atorvastatin-api-market-drivers-segmentations-key-players-analysis-forecast-by-2027-2021-05-06Competitive AnalysisMajor industry participants in the global atorvastatin API market include Ind-Swift Labs Ltd, Teva Pharmaceutical Industries Ltd, Zhejiang Hisun Pharmaceutical Co Ltd, Anuh Pharma Ltd, Morepen Laboratories Ltd, Jubilant Life Sciences Ltd, Cadila Pharmaceuticals, Centrient Pharmaceuticals, Sun Pharmaceutical Industries Ltd, and Dr. Reddy’s Laboratories Ltd. Scaling of efforts to expedite research and development for mass production of the drug as well as compliance to latest standards are strategies employed by players to gain leverage over the competition.Segmentation AnalysisThe global atorvastatin API market is segmented by application.By application, it is segmented into dyslipidemia, hypertriglyceridemia, hypercholesterolemia, and others. The hypercholesterolemia segment is bound to generate close to USD 210.7 million by 2023. High prevalence of the disease can ensure the segment to display a strong CAGR of 4.09% during the forecast period. On the other hand, dyslipidemia segment is bound to have a high growth potential till 2023.Regional AnalysisThe Middle East & Africa, North America, Latin America, Asia Pacific (APAC), and Europe are regions taken into consideration in the compilation of the global atorvastatin API market report.North America accounted for 40.64% market share in 2017 due to the U.S. being one of the biggest contributors of the market. It can register 3.10% CAGR during the forecast period to gain high dividends for the global atorvastatin API market.The APAC region is expected to exhibit one of the strongest growth rates during the forecast period due to large approval of drugs in the region. Contract manufacturing and outsourcing companies which take up research and development of large pharmaceutical companies have widened the potential of the market. China, in particular, is touted to exhibit 5.86% CAGR during the forecast period.The Europe atorvastatin API market is touted to exceed a valuation of USD 131 million by 2023. Rising cases of dyslipidemia and hypercholesterolemia are primarily fueling the market demand. France and the U.K. are major contributors in the region. Expansions of production facilities to create generic versions of the Lipitor drug is likely to culminate in higher bottomline margins for players. Recently, DSP Sinochem Pharmaceuticals has launched Rosuvastatin for its clients as well as producing them in large quantities for third-party customers.Get access to full summary @ https://www.marketresearchfuture.com/reports/atorvastatin-api-market-7885Related ReportsBone Pain Treatment Market Research Report- Global Forecast To 2027Bone Cancer Market Research Report- Global Forecast To 2027Medical Waste Management Equipment Market Research Report- Global Forecast To 2027About Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.